Lafayette Building Title Cleared

[Allan]

Detroit DDA to pay $350K to clear title to Lafayette Building

By Robert Ankeny

Detroit's Downtown Development Authority board members gave each other figurative high-fives around the table last Wednesday when they approved a $350,000 payment to buy clear title to the long-vacant Lafayette Building.

The building, at 144 W. Lafayette at Shelby Street, is the last of city-owned vacant downtown eyesore buildings targeted two years ago either for demolition or reuse, said Walter Watkins, director of the city's Planning and Development Department and Mayor Kilpatrick's development czar.

http://www.crainsdetroit.com/c gi-bin/article.pl?articleId=24 883